Allows for the early redemption of a bond in the event of certain specified circumstances such as a downgrade by the rating agencies.
With debt securities the element of the dirty price that is interest; the accrued interest matches the proportion of the time between coupon dates that has been reached at the time of purchase.
(In Japan) A standing takeover defence plan that allows a company to demand information from a predator about its intentions. If the target company is not satisfied with the response it may issue warrants to all its other shareholders.
Another name for a bank providing securities custody services.